---
schema_version: "secwatch.filing_event.v1"
accession: "0001275158-24-000040"
form_type: "8-K"
ticker: "NDLS"
cik: "0001275158"
company_name: "NOODLES & Co"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:49:09.620962+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Noodles & Company Q1 2024 revenue down 3.7% to $121.4M; net loss widens to $6.1M

## Summary
- Total revenue $121.4M, -3.7% YoY; comparable restaurant sales -5.4% system-wide.
- Net loss $6.1M ($0.14 loss per diluted share) vs net loss $3.1M ($0.07) in Q1 2023.
- Operating margin -3.4% vs -1.8%; restaurant contribution margin 13.1% vs 13.7%.
- Opened 2 company-owned and 1 franchise restaurant in Q1 2024.

## SEC filing metadata
- accession: 0001275158-24-000040
- form_type: 8-K
- ticker: NDLS
- cik: 0001275158
- company_name: NOODLES & Co
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1275158/000127515824000040/0001275158-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1275158/000127515824000040/ndls-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001275158-24-000040
- JSON: https://secwatch.observer/filing/0001275158-24-000040.json
- Plain text: https://secwatch.observer/filing/0001275158-24-000040.txt

## Key facts
- Earnings Releases
  NOODLES & Co reported first quarter ended April 2, 2024 results: revenue $121.4 million, net income $6.1 million loss, EPS $0.14 loss per diluted share.
  - Period: first quarter ended April 2, 2024
  - Revenue: $121.4 million
  - Net income: $6.1 million loss
  - EPS: $0.14 loss per diluted share
  - Result: reported results
  source text: results for its first quarter ended April 2, 2024. Key highlights for the first quarter of 2024 versus the first quarter of 2023 include: • Total revenue decreased 3.7% to $121.4 million from $126.1 million in the first quarter of 2023. • Comparable r estaurant sales decreased 5.4% system-wide, comprised of a 5.7% decrease at company-owned restaurants and a 4.5%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1275158/000127515824000040/0001275158-24-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.